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Finance And Services:

Business For Sale. Motorcycle Service & Performance Tuning Centre Mot Station

LISTING DETAILS
Firms For Sale ID:
34991
Vendor reference:
CN056
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£250,000  
Turnover / revenue:
£516,000
Net profit / cashflow:
Undisclosed
Years established:
24
Trading hours:
8:45am - 5:30pm Monday – Friday 9:00am - 1:00pm Saturday
Number of employees:
5
Employees / staffing:
The vendors work within the business full time and employs the following personnel: 1x Full Time Race Technician 1x Full Time Race support/service technician. 1x Part Time Office Manager 1x Part Time Business Developer 1x Part Time Intern

OTHER DETAILS
Reason for selling:
After many years establishing, managing and consolidating this business the vendors have decided that now is the right time to consider other options.
Support and training:
The owners will provide all necessary training and handover to allow continuity of trading and a smooth transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are Leasehold and currently on a 10 year lease agreement with 12 months remaining. Annual rent paid circa £15,000 and rates of circa £8,300 per annum. The linked building comprises 2x Commercial Units of circa 4,000 square feet including: Offices Workshop Storage & Warehouse Mezzanine level The business is situated in the centre of a busy and very established trading estate in South West England, close to main roads and M4 motorway. The premises are very secure with a monitored alarm system, bars and shutters and a rollover shutters to the workshop areas.
 
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BUSINESS DESCRIPTION
Very well established, profitable and prominent, motorcycle service & performance tuning centre
Class 1 & 2 MOT station, suspension service centre, tyre fitting centre, engineering services and retailer for bike parts & accessories
One of the UK’s leading motorcycle race tuning companies
Ref. CN056
Location : Somerset
Asking Price : £250,000 plus assets
This very well-known and profitable business formed in the South West of England by the Vendor over 24 years ago. Since that time, it has significantly grown and is well known nationally for its services and variety of products and great value for money. The business currently offers the following services:
• Motorcycle Service
• Tyre fitting centre
• Fault finding & diagnostics
• Class 1&2 MOT testing station
• Authorised suspension service centre
• Race tuning and track & race machine preparation
• Dyno tuning services
• Engineering services
• Retailer of bike parts & accessories
• Good web presence & additional online store
The company has secured area relationships with numerous branded companies, whereby further accounts in the area would not be granted.
The aims of the business are simple, to ensure that every customer who purchases from them is 100% satisfied with their service, ensuring that they will return, should the need ever arise to maintain a client’s motorcycle to the highest race-tuned standards or replace products. The vendor and his staff are proud of the fact that the best advert for the company is word of mouth, and in this time of increased competition strives to maintain its offer of personal and attentive first class service. Quality of product, personal service and after sales care has been the key to the success of the business and something the current owner takes particular pride. All customers are treated individually.
They are proud suppliers of all major manufacturers and brands associated with National and International Motorcycle Sport.
No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The vendor is a Motorcycle Motorsport enthusiastic & successful engineer & retailer and he is supported by equally motivated, highly skilled and knowledgeable staff.
This excellent business is a turn-key operation that is ready to go.

Market / Competition / Non-Competition Agreements
The business currently undertakes a limited level of advertising via motorsport magazines and has a strong YouTube presence. The company has a growing social media following. There are also excellent opportunities to increase this, and to further develop the website to market the business more aggressively.

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.